A crank motor also called a mid-drive motor or a central motor, is a centralized motor, which is connected to a crankshaft through interlocking gears. The gear at the bottom of the motor locks into the gear ring, which is placed on top of the crankshaft. The crank motor is connected to a battery, which in turn, is connected to an electronic control unit. The battery is concealed. A switch to start and stop the motor is routed to the control unit.

Growing concerns for clean energy transportation and rising traffic congestion are expected to further increase the demand for e-bikes that largely use crank motors. E-bikes are widely used in countries such as China, Europe, and North America. Due to huge increase in urban population, the number of individual commuters and freight movement in these regions have raised. Such developments have resulted in traffic congestion, contributing the popularity of e-bikes. With the increasing number of end-users and manufacturers preferring crank motors over hub motors set to witness substantial growth during the forecast period. APAC is expected to be the major revenue contributor to the bicycle crank motor market throughout the forecast period. China is the major contributor to the market due to government’s initiatives to limit motorcycles in the city to avoid traffic disruption and accidents.

Over the next five years we projects that Bicycle Crank Motor will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

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